VALERO ENERGY CORP/TX Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Valero Energy Corp/Tx quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Valero Energy Corp/Tx Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $96M, a 88.2% decline year-over-year.
  • Valero Energy Corp/Tx Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $1.06B, a 68% decline year-over-year.
  • Valero Energy Corp/Tx annual Income Tax Expense (Benefit) for 2023 was $2.62B, a 23.6% decline from 2022.
  • Valero Energy Corp/Tx annual Income Tax Expense (Benefit) for 2022 was $3.43B, a 1244% increase from 2021.
  • Valero Energy Corp/Tx annual Income Tax Expense (Benefit) for 2021 was $255M.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.62B -$809M -23.6% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-22
2022 $3.43B +$3.17B +1244% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-22
2021 $255M +$1.16B Jan 1, 2021 Dec 31, 2021 10-K 2024-02-22
2020 -$903M -$1.61B -229% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-23
2019 $702M -$177M -20.1% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-22
2018 $879M +$1.83B Jan 1, 2018 Dec 31, 2018 10-K 2021-02-23
2017 -$949M -$1.71B -224% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-26
2016 $765M -$1.11B -59.1% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-28
2015 $1.87B +$93M +5.23% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $1.78B +$523M +41.7% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-23
2013 $1.25B -$372M -22.9% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $1.63B +$400M +32.6% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-26
2011 $1.23B +$651M +113% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-27
2010 $575M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.